Global trade data

  Regular selling and buying of goods and services by different nations to and from the world is called Global Trade and the proper maintenance of this record is done in a well-designed database called Global Trade Data which is made under high precision and subject knowledge of the experts. It is believed that global trade is one of the main factors that are responsible for the eradication of poverty in a country as trade helps to maintain the economy of the nation and at the same time make things available to all the citizens of a particular country. Based on the targets that were set by SDG (Sustainable Development Goals), it was decided that exports from the Least Developed Countries would be encouraged to rise so as to boost their contribution to global exports in 2020. Due to the onset of the pandemic, this target is not achieved to date. UPS AND DOWNS IN THE TRADE VALUES OF LDCs (Least Developed Countries) The share of the textile industry and its exports from LDC i...

  OVERVIEW OF INDIAN INDUSTRY AND SECTORIAL GROWTH India is one of those developing nations in the world whose most of the factories and industrial units are run manually or under the assistance of some professional workers. Due to the stagnation of the economy of the world, the sectors which demand high manpower in India are suffering hard. As the Global Trade Data shows a decline in the world, the responsibility to balance this is going to be taken by some of the advanced economies of the world like the United States and majorly the European countries. Based on the Export Import Data of India, the United States and the EU nations are India’s biggest export partners. If the economies of these two nations would also sink, then India has to suffer losses in its exports. India exports textiles, footwear, and leather items to these nations in abundance. India will never be in the favor of declining economy of the United States or any country from the EU group. WORLD IS GOING...